Renewed falling of oil quotations pushed the share market to new records.

Let's remind that for the first time since the middle of February cost of oil barrel with the nearest delivery date dipped below $59. Besides in opinion of experts of the fuel market, the tendency of reduction of energy prices will proceed.

So, oil futures ended exchange session by falling on 4 %, having decreased to a level of an annual minimum under pressure of huge oil stocks in the USA. November contract on New York commodity exchange grew $2,35 during trading session and was closed at a level $58,68 a barrel.

As a result, drop in the oil prices more than 25 % for the last of one and a half month led to sharp reduction of inflationary risks, that, in turn, lowered considerably probability of increase of a discount rate at FRS following meeting on 24-25 October.

On the other hand, in economists’ opinion, the part of means of taxpayers, saved at refueling of personal auto, can go on purchase of other goods, that, as a result, will affect positively consumer demand.

From corporate news it is necessary to allocate positive news from representatives of classical sectors of economy.

So, quotations of avia-building giant Boeing added 2,3 %, and shares of the manufacturer of avionics and space electronics Honeywell were up1,3 %.

And papers of retail networks Wal-Mart, Target and Home Depot added 2,1 %, 1,8 % and 1,3 % accordingly.

Financial sector, which was presented by three largest banks of USA Citigroup, Bank of America and JP Morgan Chase, which rose in price accordingly 1,2 %, 1,5 % and 1,9 %, also raised the market capitalization.

The bull spirit of the market could not be down even by fallen shares of Quest Diagnostics which dipped at once -18 of %, or $10,90 to $50 for a share at great volume after the company lost the contract with UnitedHealthcare company, being division of UnitedHealth Group.

Let's remind that the contract was concluded with the basic contender of Laboratory Corp. of America, as a result LH papers for a day added +2,09 %, or $1,36 and were closed at a mark $66,57 for a share.

As a result Dow-Jones index of New York stock exchange was up 56.99 points and was closed at a level 11727.34. NASDAQ index grew 6.05 points and is at a level 2243.65. S&P 500 index rose 3.83 points and is at a level 1334.11.

And 30-years US Treasury notes’ yield fell 0.008 in comparison with the previous closing and makes 4.753.

Taking into account the importance of last levels of resistance, it is possible to assume that after breakout of these levels the market again will return to them before the further long-term rise.

Therefore we recommend to keep position outside the market.